SMITH v. FIRST NAT. BANK


21 F.2d 135 (1927)

SMITH, State Superintendent of Banks, v. FIRST NAT. BANK OF SIOUX CITY, IOWA.

District Court, N. D. Iowa.

May 31, 1927.


Attorney(s) appearing for the Case

E. E. Wagner, of Mitchell, S. D., for plaintiff.

Shull, Stilwill, Shull & Wadden, of Sioux City, Iowa, and Bielski & Elliott, of Sioux Falls, S. D., for defendant.


ELLIOTT, District Judge.

The issues in re Fred R. Smith, Superintendent of Banks in Charge of the Farmers' State Bank of Parker, for Liquidation, v. First National Bank of Sioux City, Iowa, have been determined in favor of the plaintiff and against the defendant.

It appears without dispute that the collateral notes in controversy were pledged by the Parker bank to the Sioux City bank to secure two notes given by the former to the latter, one dated December...

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